ECON 211 - Macroeconomic Theory

Credits: 3
Planned Offering: Fall, Winter

Prerequisites: ECON 101 and 102.This course develops the classical macroeconomic framework and uses this to explore the causes and consequences of economic growth, inflation, output, and employment. This same exercise is conducted using alternative theoretical frameworks, including those associated with Keynes, Monetarists, and New Classical thinkers. Emphasis is placed on investigating the impact and effectiveness of monetary and fiscal policy under each of the theoretical paradigms or schools of thought developed.Goldsmith, Hooks.